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Author Topic: [Poll: 2008.51]: How low do you think the cost of a barrel of oil will go? Post a Reply Back to Topics
JT

Moderator
Message Posted: Dec 14, 2008 12:01:00 AM

How low do you think the cost of a barrel of oil will go?
Above $40
$35 - $40
$30 - $35
$25 - $30
$20 - $25
Below $20
No idea

Post your thoughts about this poll below.
REPLIES (newest first)
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achung53
Veteran Author Orange County

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Message Posted: Nov 18, 2012 10:31:22 AM

No idea
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googlee
Champion Author Montreal

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Message Posted: Oct 24, 2011 8:21:41 AM

No idea
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bja0030
Champion Author New Mexico

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Message Posted: Nov 19, 2010 2:52:04 PM

$74.00
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rvd09
Champion Author Cleveland

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Message Posted: Nov 11, 2010 1:40:49 PM

No idea
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g747
Champion Author Mobile

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Message Posted: Nov 8, 2010 8:13:37 PM

Hope
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SAVEITIL
Champion Author Chicago

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Message Posted: Aug 8, 2010 6:13:48 AM

No idea
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HFAJR0034
Champion Author New Mexico

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Message Posted: Mar 16, 2010 4:42:28 PM

WHEN THE STOCKS GO DOWN GAS WILL GO DOWN
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BobD2009
Champion Author Long Island

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Message Posted: Jan 19, 2010 1:31:10 AM

Not sure the oil market is so volatile.
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HFAJR0034
Champion Author New Mexico

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Message Posted: Oct 24, 2009 2:48:16 PM

IT WAS $81.47 A BARRELL 10/23/09
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MnSwede
Champion Author Twin Cities

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Message Posted: Jul 8, 2009 8:59:44 AM

above 40
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nyuknyuk49
Champion Author Rhode Island

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Message Posted: Jul 8, 2009 7:47:54 AM

above 40
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2granny
Champion Author Michigan

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Message Posted: Jun 3, 2009 8:13:55 PM

I would like to see it below $40.
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leveit2clever
Champion Author Cleveland

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Message Posted: Jun 2, 2009 1:38:00 PM

It went down to $30 awhile ago. That will be the last time it gets that low ever again. Unless the world economy takes a sharp left turn which is highly unlikely to happen.
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blumonster
Champion Author Milwaukee

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Message Posted: Apr 7, 2009 11:53:26 AM

9*N-I-N-E.
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ried
Sophomore Author Ventura

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Message Posted: Apr 7, 2009 12:29:55 AM

Let's try to $30-35 a barrel.
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MnSwede
Champion Author Twin Cities

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Message Posted: Feb 20, 2009 5:07:22 PM

$30
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pkhdonovan
Champion Author Maine

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Message Posted: Feb 20, 2009 3:52:59 PM

$30
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minivanmanCAN
Sophomore Author Ontario

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Message Posted: Feb 20, 2009 3:26:59 PM

Not low enough the greedy @#$%
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blumonster
Champion Author Milwaukee

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Message Posted: Feb 16, 2009 12:18:42 PM

9 dollars a barrel this year.
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LexRX22s
All-Star Author Long Island

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Message Posted: Feb 15, 2009 10:22:24 PM

30
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jac1224
Rookie Author Idaho

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Message Posted: Feb 3, 2009 6:43:05 PM

Greed will keep it above where it should be
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kwilson3
Champion Author Alabama

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Message Posted: Jan 27, 2009 4:11:08 PM

below 20
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blumonster
Champion Author Milwaukee

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Message Posted: Jan 27, 2009 11:34:52 AM

9 (nine) dollar a barrel.
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gator2002
Champion Author Calgary

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Message Posted: Jan 21, 2009 9:24:58 PM

who knows
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jjdm
Champion Author Indiana

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Message Posted: Jan 18, 2009 12:08:54 PM

Borg08, even though oil prices are going down, gas prices on the market are rising.
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Borg08
Rookie Author South Carolina

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Message Posted: Jan 18, 2009 11:48:48 AM

Hey do you know why gas prices have continued to rise slowly even though crude oil dropped back to ~$35 a barrel?

Last time it was $35 a barrel, gas around here was $1.30 a gallon, this time it's about $1.60+.
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blumonster
Champion Author Milwaukee

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Message Posted: Jan 17, 2009 12:15:31 PM

Borg08,

It will.The size of 'toxic assets' is said to be around 60 (SIXTY) TRILLION dollars.The US economy has collapsed as it has never before.
We will see things in our lives, in the economy that we would never imagine seeing ever, including 9 dollar a barrel oil and following that in a few years 900 (nine hundred), maybe 900,000 dollars a barrel oil.

Zimbabwe has a 50 billion dollar note. The annual inflation rate was 231 million %.

A day will come when dollar bills would be better used as a toilet paper.

[Edited by: blumonster at 1/17/2009 12:18:25 PM EST]
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Borg08
Rookie Author South Carolina

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Message Posted: Jan 15, 2009 1:01:30 PM

Blumonster I know you've been saying it for a while, but man, I just don't think I can believe it'll get THAT low.

In other news it's $33.48 right now.
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blumonster
Champion Author Milwaukee

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Message Posted: Jan 14, 2009 4:20:53 PM

It is already below 40.
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higginbotham194
All-Star Author Alabama

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Message Posted: Jan 13, 2009 2:40:14 PM

35-40.
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gasman14
All-Star Author San Diego

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Message Posted: Jan 12, 2009 5:29:22 PM

No idea
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blumonster
Champion Author Milwaukee

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Points:137,055
Joined:Jun 2008
Message Posted: Jan 12, 2009 1:47:16 PM

9 dollar a barrel soon.
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Borg08
Rookie Author South Carolina

Posts:19
Points:50,480
Joined:Jul 2008
Message Posted: Jan 12, 2009 1:42:01 PM

Well, it's back down to $37.66 now. It came down $12 in...what, a week I think.
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Blubberpuppy
Champion Author Baltimore

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Message Posted: Jan 10, 2009 10:28:07 AM

It may already have hit bottom at around $32.00 just before Christmas. It remains to be seen depending on how long the fighting in Gaza goes on and the condition of the world economy in the next 3 months.
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higginbotham194
All-Star Author Alabama

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Message Posted: Jan 5, 2009 5:39:55 PM

well over $100.
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gasman14
All-Star Author San Diego

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Message Posted: Jan 5, 2009 5:25:32 PM

$30
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99dakota
Champion Author Providence

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Message Posted: Jan 4, 2009 11:33:46 AM

No idea
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bobjeep
Champion Author Florida

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Message Posted: Jan 4, 2009 11:19:11 AM

no idea
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gasman14
All-Star Author San Diego

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Message Posted: Jan 3, 2009 3:36:01 PM

No idea
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gasman14
All-Star Author San Diego

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Joined:Aug 2008
Message Posted: Jan 2, 2009 11:17:35 AM

No idea
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blumonster
Champion Author Milwaukee

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Message Posted: Jan 2, 2009 10:13:29 AM

9 dollar a barrel if the US stops supporting Israel blindly.
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gasman14
All-Star Author San Diego

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Message Posted: Jan 1, 2009 2:40:34 PM

No idea
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gasman14
All-Star Author San Diego

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Message Posted: Dec 31, 2008 1:55:55 PM

No idea
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gasman14
All-Star Author San Diego

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Joined:Aug 2008
Message Posted: Dec 30, 2008 12:55:11 PM

No idea
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blumonster
Champion Author Milwaukee

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Message Posted: Dec 29, 2008 5:29:58 PM

Somebody has got to stop Israel from turning the Middle East into a fireball.
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gasman14
All-Star Author San Diego

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Message Posted: Dec 29, 2008 3:46:49 PM

No idea
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nurdco
Champion Author Colorado Springs

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Message Posted: Dec 29, 2008 2:12:28 AM

You will fluctuate from $32 to $45 bbl due to Manipulation of Fuel Producers...
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blumonster
Champion Author Milwaukee

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Message Posted: Dec 29, 2008 2:07:37 AM

9 DOLLARS a BARREL in 2009 and they will happily continue providing supply.

[Edited by: blumonster at 12/29/2008 2:07:52 AM EST]
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DrillUSA
All-Star Author Jacksonville

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Message Posted: Dec 28, 2008 4:12:37 PM

Prices probably will not drop much lower than they have been recently - mid to upper $30's. At some point, the profit will be so small that the companies will not recover operating expenses (salaries and benefits, permitting, equipment, maintenance, etc.) Production will be cut back, resulting in lower inventory. Lower inventory, of course, will cause prices to stabilize or even rise.

Also, oil prices are likely to rebound if more land is declared off limits to exploration and drilling, and if the drilling ban on the outer continental shelf is reimposed.
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Paulfmco
Champion Author Washington

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Message Posted: Dec 28, 2008 4:08:51 PM

This will be interesting to look back on in 6 mos or so...
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